Namecoin? What is that?
Also, how do you obtain these other coins, like litecoin?
Namecoin is a coin that implements at the same time a decentralized domain name system. An decentralized id-storage was added recently.
You can either mine these coins or buy them at an exchange, like btc-e.com.
disagree on NMC. unless there is a hassle free pain free way to implement the domain scheme/structure and to point my website to.bit domains, domain is at best another version of florincoin. Touted to death about a feature that is not at all used.
There are initiatives to accomplish that. To make it easy to use will take time however. I think that the id-storage will be widely used earlier than the dns-feature.
ya.ya.yo!